Business Standard

Adithya Automotive Applications Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

- cr

Price Range (₹)

0

Lot Size

-

Min Investment (₹)

-

Listing Exchange

NSE - SME

Open Date

-

Close Date

-

Listing Date

-

Adithya Automotive Applications Ltd News

    Adithya Automotive Applications Ltd IPO Details

    Initial public offer of upto 37,68,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of Adithya Automotive Applications Limited (The Company or The Issuer) at an issue price of Rs. [*] per equity share (including share premium of Rs. [*] per equity share) for cash, aggregating up to Rs. [*] crores (Public Issue) out of which [*] equity shares of face value of Rs. 10 each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of [*] equity shares of face value of Rs. 10 each, at an issue price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the Net Issue. The public issue and net issue will constitute 26.41% and [*]% respectively of the post-issue paid-up equity share capital of the company.The price band and the minimum bid lot will be decided by the company.

    Objective of issue

    Funding the capital expenditure requirements towards expqnsion of existing mfg unit. Funding the capital expenditure requirements towards setting up of a new mfg unit at. Funding to meet working capital requirements. General corporate purposes.

    Adithya Automotive Applications Ltd Contact Details

    Adithya Automotive Applications Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - companysecretary@aaapl.in

    Website - www.adithyaautomotive.com